Branch Account Report Sample Clauses

The Branch Account Report clause requires a branch or subsidiary to provide detailed financial or operational reports to a central office or parent company. Typically, this clause outlines the frequency, format, and content of the reports, such as monthly sales figures, inventory levels, or compliance updates. By mandating regular and standardized reporting, the clause ensures transparency and enables the parent organization to monitor branch performance, identify issues early, and maintain effective oversight.
Branch Account Report. As soon as practicable after the date of this Agreement, Seller shall furnish Purchaser with a report on electronic media of the Deposits as of December 31, 1997 (the "Branch Account Report") which shall be correct in all material respects. To the extent such information is maintained by Seller on its computer systems, the Branch Account Report shall enumerate for each account constituting a Deposit ("Branch Account"): (a) the taxpayer identification number of the owner of the Branch Account, (b) the type of account, (c) the date the Branch Account was opened, (d) the current interest rate paid on the Branch Account, if any, (e) the balance of the Branch Account, (f) the term and maturity of any Branch Account that is a certificate of deposit or similar time deposit and (g) with respect to all ACH Accounts and ACH Items, all information reasonably necessary to identify the owner of such account and the third party which directly makes automated clearing house debits and credits to such account.
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Branch Account Report. As soon as practicable after the date of this Agreement, Seller shall furnish Purchaser with a report of the Deposits as of the date of such report (the "Branch Account Report"). To the extent such information is maintained by Seller on its computer systems, the Branch Account Report shall enumerate for each account constituting a Deposit ("Branch Account"): (a) the address and taxpayer identification number of the owner of the Branch Account, (b) the type of account, (c) the date the Branch Account was opened, (d) the current interest rate paid on the Branch Account, if any, (e) the balance of the Branch Account, (f) the term and maturity of any Branch Account that is a certificate of deposit or similar time deposit and (g) with respect to all ACH Accounts and ACH Items, all information reasonably necessary to identify (i) the owner of such account and the third party which directly makes automated clearing house debits and credits to such account and (ii) the nature of such ACH Accounts and ACH Items.
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Branch Account Report. As soon as practicable after the date of this Agreement, Seller shall furnish Purchaser with a report of the Deposits as of the date of such report (the "Branch Account Report") in form reasonably acceptable to Purchaser. To the extent such information is maintained by Seller on its computer systems, the Branch Account Report shall enumerate for each account constituting a Deposit ("Branch Account"): (a) the address and taxpayer identification number of the owner of the Branch Account, (b) the type of account, (c) the date the Branch Account was opened, (d) the current interest rate paid on the Branch Account, if any, (e) the balance of the Branch Account, and (f) the term and maturity of any Branch Account that is a certificate of deposit or similar time deposit. By 11:00 A.M. on the Tuesday preceding the Closing, Seller should provide Purchaser with a Branch Account Report for the Friday preceding the Closing.
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Branch Account Report. As soon as practicable after the date of this Agreement, Seller shall furnish Purchaser with a report of the Deposits as of the date of such report (the "Branch Account Report"). To the (a) the address and taxpayer identification number of the owner of the Branch Account, (b) the type of account, (c) the date the Branch Account was opened, (d) the current interest rate paid on the Branch Account, if any, (e) the balance of the Branch Account, (f) the term and maturity of any Branch Account that is a certificate of deposit or similar time deposit and (g) with respect to all ACH Accounts and ACH Items, all information reasonably necessary to identify (i) the owner of such account and the third party which directly makes automated clearing house debits and credits to such account and (ii) the nature of such ACH Accounts and ACH Items.
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Branch Account Report. No later than five Business Days prior to the anticipated Closing Date, Sellers shall furnish Purchaser with a report on electronic media of the Deposits as of a date that is not more than 10 Business Days prior to the anticipated Closing Date (the “Branch Account Report”). To the extent such information is maintained by Sellers on their computer systems, the Branch Account Report shall enumerate for each account constituting a Deposit (“Branch Account”) for each Branch: (a) the taxpayer identification number of the owner of the Branch Account; (b) the type of account; (c) the date the Branch Account was opened; (d) the current interest rate paid on the Branch Account, if any; (e) the balance of the Branch Account; (f) the term and maturity of any Branch Account that is a certificate of deposit or similar time deposit; and (g) with respect to all ACH Accounts, all information reasonably necessary to identify the owner of such account and the third party which directly makes automated clearing house debits and credits to such account.
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Related to Branch Account Report

  • Foreign Asset/Account Reporting Notice Argentine residents must report any Shares acquired under the Plan and held by the resident on December 31st of each year on their annual tax return for that year. In addition, when the Employee acquires, sells, transfers or otherwise disposes of Shares, the Employee must register the transaction with the Federal Tax Administration. Argentine residents should consult with their personal tax advisor to determine their personal reporting obligations.

  • Foreign Asset/Account Reporting Notification The Participant must report securities held (including Shares) or any bank or brokerage accounts opened and maintained outside Belgium on the Participant’s annual tax return. In a separate report, the Participant is required to report to the National Bank of Belgium the details of such accounts opened and maintained outside Belgium. This report, as well as additional information on how to complete it, can be found on the website of the National Bank of Belgium, ▇▇▇.▇▇▇.▇▇, under the Kredietcentrales / Centrales des crédits caption.

  • Foreign Assets/Account Reporting Information Italian residents who, during the fiscal year, hold investments abroad or foreign financial assets (e.g., cash, Shares and RSUs) which may generate income taxable in Italy are required to report such on their annual tax returns (UNICO Form, RW Schedule) or on a special form if no tax return is due. The same reporting obligations apply to Italian residents who, even if they do not directly hold investments abroad or foreign financial assets (e.g., cash, Shares and RSUs), are beneficial owners of the investment pursuant to Italian money laundering provisions.

  • Account Records Permanent Mortgage Loan account records must be maintained by the Servicer for each Mortgage Loan. Each account record must be identifiable by the Servicer Loan Number.

  • Foreign Asset/Account Reporting Information Italian residents who, at any time during the fiscal year, hold foreign financial assets (including cash and Shares) which may generate income taxable in Italy are required to report these assets on their annual tax returns (UNICO Form, RW Schedule) for the year during which the assets are held, or on a special form if no tax return is due. These reporting obligations will also apply to Italian residents who are the beneficial owners of foreign financial assets under Italian money laundering provisions.